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A mail bid sale is an auction
where all bids are submitted in writing.
The mail bid sale helps the
collector to better determine the value of a coin, which benefits both
buyer and seller, as the coin’s selling price is the result of input
from thousands of participants and not just the opinion of a single specialist.
DATES :
Cutoff for consigments was March 30th 2002 ; bid sheets must be received
by no later than the close of business on June 19th, 2003 ; notification
of successful bidders and list of prices realized will be sent to bidders
on June 26th, 2003. Settlement to consignors will occur on July 26th 2003.
Unsold lots will be offered at their opening prices till July 22nd, 2003.
LOT VIEWING :
The coins in this sale will be available for viewing as soon as the catalogues
have been shipped. Viewing will be at 36, rue Vivienne, 75002 Paris, and
is by appointment only.
THE CATALOG :
PHOTOS depict the actual size of the coins, and are shot under normal
lighting conditions. All enlargements are specified as such.
All DESCRIPTIONS have been made in good faith. We have included all the
information we thought helpful - not only to the collector but to the
scholar as well. This sale contains coins that range from rare to extremely
rare. After the sale, the coins will have dispersed in your various collections,
but the data will remain available to everyone.
GRADING has been strict and realistic.
REFERENCE books have been chosen for each coin to help each collector
to attribute every coin with precision. A BIBLIOGRAPHY is provided with
a listing of all books used in the preparation of this catalogue.
The OPENING BIDS have been determined in consultation with each consignor,
and constitute the minimum bids that will be accepted.
ESTIMATES are, in our opinion,
the approximative values of each lot. Of course, this evaluation can only
be accurate for coins that appear often enough on the market to satisfy
collector demand. As many of the coins in this sale have not been offered
for years, estimates for many items may be somewhat conservative. The
rarer the coin, the farther off our estimate may be. In any case, it is
never intended as a maximum.
BIDS :
SUBMITTING THE BID SHEET
Write your bids as clearly as possible on the bid sheet. Please follow
your own preference order. Do not forget to give your mailing address,
daytime phone and fax numbers. Please specify if your bids can be increased
by 10, 20 or 30% if necessary, in order to obtain the lots you want. You
may submit as many bids as you wish and you may set a total spending limit
amount cutoff. No bids will be accepted for less than the opening bids.
Any bids under these amounts will be ignored as well as cents in bids
including cents of euros. Submission of a bid constitues a guarantee to
pay for all lots won. All bidders are responsible for the bids they submit,
including bids made on the behalf of third parties. This is not an approval
sale. Don’t forget to sign your bid sheet !
SENDING YOUR BIDS
: send us your bids any way you want but the sooner the better due to
slow mail delivery. To avoid any delay, please fax a copy of your bid
sheet to +33-1-42 36 66 38 or + 33-1-40 26 42 95 or send by e-mail : vso@cgb.fr.
If you wish to be sure your bids remain unknown until the close of the
sale, please specify so on the envelope (CGF/ VSO ORDRES, 36, rue Vivienne
75002 PARIS) and include only your bids in the envelope.
WINNING BIDS :
Each lot will be won by the highest bidder but he will only pay at the
second best bid plus :
- 5 euros for coins bringing less than 150 euros
- 15 euros for coins bringing between 151 and 1.000 euros
- 50 euros for coins bringing between 1.001 and 1.500 euros
- 100 euros for coins bringing over 1.501 euros
An exception will be made in the case where the difference between the
highest and second highest bid would be less than the normal increment.
If a lot receives only one
bid, it will be sold at the opening bid regardless of the amount bid.
If two identical bids are received on one lot, the bid reaching us first
will win the lot.
Coins not sold will be available at their opening prices till July 22nd,
2003.
RESULTS
:
The realized price list (including unsold lot numbers) is sent to the
bidders and to collectors who paid for the catalog. The realized price
list includes the realized prices and the highest bid registered for each
lot.
EXPORT :
Coins sent to countries within the European Union require no formalities.
Time and care are needed for coins exported outside of the European Union.
We thank you in advance for your patience. Customers wishing their coins
exported would help us greatly if they would state clearly and in detail
how and where they wish to receive their coins, and what, if any, insurance
they might have for such shipments. Actual costs (minimum 10 euros and
maximum 50 euros) for shipping and export will be added to your invoice.
PAYMENT :
A detailed invoice will be sent to successful bidders including a charge
of 10 euros to cover shipping and insurance. This charge does not apply
to coins picked up at our premises by the buyer. Upon receipt of payment,
coins will be sent registered or by declared value shipment.
GUARANTEE :
We guarantee the authenticity of all coins sold without time limit up
to the price paid for the coin. We further guarantee complete confidentiality.
The identities of the bidders and the amount of their bids will not be
revealed but the highest bids for each coin which will be included in
the realized price list.
The auctioneers reserve the right, at their sole discretion, to refuse
any item for sale and to refuse any bid.
DISPUTES :
Any disputes regarding any item in this auction must be received by us
within five days of receipt by the buyer. Submission of a bid constitutes
full acceptance of the mail bid sale terms.
COURT OF JURISDICTION
is Paris. Submission of bids constitues absolute acceptance
of these conditions of sale. The French text is the only text having legal
force. This translation is only to serve as a guide to English-speaking
clients.
PRICE OF CATALOG:
Until the 19th of June 2002 the price of the catalog is 10 euros, and
20 euros afterwards, including the realized price list.
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